AIT AIT announced 2H14 dividend of Bt1.1/share (XD on April 21), after record-high net profit of Bt658.56 mn (+16.26%) in 2014 and revenue of Bt6.65bn. It has backlog of Bt1.487bn, part of which will be realized this year. (Khao Hoon, 23/02/15) BGT BGT plans to expand into ASEAN markets via agents or setting up joint […]
Read More →AP AP is confident to achieve revenue of Bt22bn for 2014 vs. Bt17.13bn in 9M14, as a result of a recovering economy and rising consumer purchasing power, particularly landed properties. (Kao Hoon, 2/02/15) Comment: The revenue growth is misleading because they have multiple JV projects, thus not all the recognised revenue %’s go straight to […]
Read More →LH LH to make further inroads in US market – SET-listed developer Land & Houses Plc (LH) plans to double its investment this year, earmarking Bt12bn to buy new plots of land and invest in rental properties both here and in the US. Adisorn Thananan-narapool said the company would continue investing in rental apartments in […]
Read More →AAV Thai AirAsia posts static Q3 load factor – Thai AirAsia (TAA) saw a slight fall in load factor in the third quarter, which it attributed to Thailand’s political situation and a sluggish economy. The country’s largest low-cost carrier still recorded a relatively high load factor of 82% for JulySeptember, down by one percentage point […]
Read More →AOT AoT says no to foreign ventures – The long-mooted plan by the Airports of Thailand Plc (AoT) to compete for contracts to operate airports abroad is no longer on the radar screen. Chairman Prasong Poontaneathas made it clear that the current major upgrades of three of the six airports under AoT’s control – Suvarnabhumi, […]
Read More →AJP AJP partnering with MUSE Group, in both Thailand and Singapore, to host sports events and concerts at the international level. It said that within the next six months, there will be four major events from which it expects to revenue of at least Bt600mn. It will announce the first major event in early October. […]
Read More →Because alternative energy will now play a larger role in Thailand’s energy plans and solar will be a large player in this, More solar power projects coming to Thailand. The issue is that Thailand is still a small player in the global solar industry, should there be a shortage of panels well that could hurt […]
Read More →With the changes to the Power Development Plan (PDP) for Thailand, alternative energy projects are becoming more prevalent with an increase in weighting from 19% to 25%, and this explains why names such as SPCG, DEMCO, EA, UAC et al have been performing very well, see below for a quick summary.
Read More →BGH Subsidiary sells shares in Save Drug — BGH says wholly owned Royal Bangkok Healthcare Co, Ltd. has signed an agreement to sell all shares of Save Drug Center Co, Ltd., for Bt380mn. (Kao Hoon, 21/08/14) BLAND BLAND expects to sell the first REIT (for Impact Arena and Convention Center) worth Bt20bn on 8-19 September […]
Read More →APCO APCO to do a PO of 28mn shares. The proceeds will be used to develop BIM Healthcare this year. It also plans to move to the SET early next year. It is confident that net profit this year will grow no less than 60%. (Kao Hoon, 14/08/14) Comment: With such a performance i too […]
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